Digital health stocks pummeled by Wall Street in 2024, but Hims surges

Digital health stocks pummeled by Wall Street in 2024, but Hims surges

Doximity at the New York Stock Exchange for their IPO, June 24, 2021. Source: NYSE If the Covid era marked a boom time for digital health companies, 2024 was the reckoning. In a year that saw the Nasdaq jump 32%, surpassing 20,000 for the first time this month, health tech providers largely suffered. Of 39 … Read more

Google-backed Tempus AI closes first trading day up 9% in Nasdaq debut

Google-backed Tempus AI closes first trading day up 9% in Nasdaq debut

Tempus AI, a health-care diagnostics company that uses AI to interpret medical tests to help physicians provide more accurate treatment for their patients, rose by as much as 15% in its Nasdaq Stock Market debut on Friday, after going public under the ticker symbol “TEM.” Tempus AI priced 11.1 million shares at $37 apiece on … Read more